Today’s Market Chatter: Yahoo! Inc.(NASDAQ:YHOO), eBay Inc (NASDAQ:EBAY)

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Yahoo’s upcoming quarter is “as lackluster as the last,” according to sources inside the company, reported Re/code. Amid the continued weakness in its core business, Yahoo CEO Marissa Mayer has made an offer to “a well-known ad exec” to become the company’s Chief Revenue Officer, the report added.

Analysts have a consensus price target of $36.33 on Yahoo! Inc. (NASDAQ:YHOO) which indicates a 9.87% downside. The consensus rating of the stock is a HOLD with a score of 2.48. There are currently 14 Hold Ratings, 16 Buy ratings and 1 Sell ratings on the stock.

The most recent analyst action consisted of Zacks reiterating their neutral rating and $38 price target.

Piper Jaffray said ChannelAdvisor’s estimate that eBay Inc (NASDAQ:EBAY) same-store sales grew 17.8% in March implies U.S. gross merchandise volume significantly ahead of the firm’s 9% GMV growth estimate for the month. Piper has an Overweight rating and $63 price target on eBay.

Analysts have a consensus price target of $62.46 on eBay Inc(NASDAQ:EBAY) which indicates a 17.97% upside. The consensus rating of the stock is a BUY with a score of 2.67. There are currently 11 Hold Ratings, 19 Buy ratings, 2 Strong Buy ratings and 1 Sell rating on the stock.

The most recent analyst action consisted of TheStreet reiterating their BUY rating on the stock on March 5th, 2014.

 

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